Press Releases

January 25, 2018

WASHINGTON, D.C. – U.S. Sen. Dean Heller (R-NV), a member of the tax-writing Senate Finance Committee, welcomed news that several companies that employ Nevadans announced they will be giving their employees bonuses and raises in response to the recently-signed Tax Cuts and Jobs Act, historic tax relief legislation championed by Heller.

As a result of Congress overhauling the U.S. tax code for the first time in 30 years, more than 200 businesses have already committed to investing in their workers by providing bonuses, giving out special bonuses, increasing pay, and expanding benefits. For example, South Point Hotel, Casino & Spa doubled its 2,300 full-time workers’ bonuses, Wynn Resorts promised raises and bonuses for workers, and Fontainebleau’s developers said they will resume the stalled project, which is expected to create approximately 10,000 jobs. Alaska Air Group, AT&T, JetBlue, Sinclair Broadcasting, Southwest Airlines, Wal-Mart, Waste Management, and Wells Fargo also employ Nevadans who will benefit for the new tax relief law.

“It has been a little over a month since President Trump signed our tax relief bill into law and my home state of Nevada is already seeing its positive impact. Not only will middle-class families see their tax liability reduced, many Nevadans will also benefit from their employer’s decision to increase wages and hand out bonuses. This is particularly important at a time when too many Nevadans are living paycheck to paycheck, childcare expenses are skyrocketing, and real median household income is down $7,000 from 10 years ago,” said Heller. “From Fontainebleau’s decision to resume a stalled project that is expected to create about 10,000 new jobs toWal-Mart’s pledge to increase wages, give special $1,000 bonuses, and expand maternity and parental leave benefits that will help roughly 8,700 Nevada workers, this legislation is producing real results for Nevadans. I look forward to seeing what the rest of the year will bring to our state’s families and workers.”

The following companies that employ Nevadans have confirmed their employees will benefit as a direct result of the Tax Cuts and Jobs Act:

Apple, which just broke ground on a new facility in Reno: Pledged to spend $350 billion on development and create 20,000 jobs in the next five years.

Alaska Air Group: The company, which employs 300 people in Nevada, announced it will be giving its 22,000 workers a $1,000 bonus.

American Airlines: The company, which has 667 employees living in Nevada, announced it is giving all employees a $1,000 bonus in the first quarter of 2018.

AT&T: The company, which has 200,000 U.S. workers, including 1,100 Nevadans, announced it is giving its employees $1,000 bonuses.

Bank of America: The company, which has 62 financial centers in Nevada, announced it would give 145,000 employees a $1,000 bonus because of tax reform.

Fontainebleau:Developers are resuming the stalled project as a result of tax reform and have previously committed to creating over 10,000 jobs in southern Nevada.

JetBlue: The company, which has more than 100 crewmembers living in Nevada, announced it will give $1,000 bonuses.

JPMorgan Chase: Announced it is increasing wages, expand benefits, and create 4,000 jobs throughout the country. Chase has 82 branches in Nevada.

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